Every 8-K that Sweetgreen, Inc. (SG) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow SG and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full SG filings page.
Sweetgreen, Inc. (SG) adopted a new Severance Plan effective August 27, 2026, approved by its Compensation Committee and independent directors. All executive officers signed participation agreements. CEO Jonathan Neman and Chief Concept Officer Nicolas Jammet are designated as Tier I participants, while CFO Jamie McConnell and COO Jason Cochran are Tier II participants.
Under the plan, if a covered employee is terminated without cause or resigns for good reason during the 12‑month Change in Control Determination Period and signs a release, they receive a lump sum of 1.5× base salary for Tier I or 1× for Tier II, a pro rata target annual bonus, Company-paid COBRA premiums for up to 18 months (Tier I) or 12 months (Tier II), and full acceleration of certain equity awards. Outside a change in control period, qualifying terminations provide 1× base salary for Tier I or 0.5× for Tier II, a pro rata target annual cash bonus, and COBRA premiums for up to 12 months (Tier I) or 6 months (Tier II). The plan generally supersedes prior severance provisions once an employee participates.
Sweetgreen, Inc. reported results for the second quarter ended June 28, 2026. Total revenue increased 3.8% to $192.7 million, driven mainly by $18.4 million from 36 Net New Restaurant Openings since the prior-year quarter, partially offset by a Same-Store Sales Change decline of 6.2% from lower traffic and a more promotional product mix.
Loss from operations was $27.4 million, with margin at (14.2)% in line with last year. Restaurant-Level Profit Margin fell to 13.1% from 18.9% as higher ingredient usage, larger protein portions and increased promotions outweighed lower general and administrative expense. Net loss widened to $26.3 million, and Adjusted EBITDA turned slightly negative at approximately $(0.2) million.
For the first 26 weeks of 2026, Sweetgreen recorded net income of $99.5 million, largely reflecting a $160.6 million gain and $100.0 million cash proceeds from the Spyce business disposal and related equity received. The company now anticipates about 13 Net New Restaurant Openings in 2026, Same-Store Sales Change between (8.0)% and (7.0)%, Restaurant-Level Profit Margin of 10.5%–11.0%, and Adjusted EBITDA between $(27.0) million and $(23.0) million, reflecting reduced demand for fresh prepared foods.
Sweetgreen, Inc. reported the results of its annual stockholder meeting held on June 11, 2026. Stockholders elected all nine director nominees to serve until the 2027 annual meeting. Support for individual directors ranged from about 166 million to 173 million votes in favor, with broker non-votes reported for each nominee.
Stockholders also ratified Deloitte & Touche LLP as independent registered public accounting firm for the fiscal year ending December 27, 2026, with 203,336,007 votes for and 533,524 against. On a non-binding advisory basis, stockholders approved the compensation of the company’s named executive officers, with 171,927,900 votes for and 3,048,452 against.
Sweetgreen, Inc. reported first quarter 2026 results showing weaker restaurant performance but a large one-time gain from the Spyce sale. Revenue fell 2.9% to $161.5 million as Same-Store Sales declined 12.8%, driven mainly by lower traffic and more promotional activity.
Loss from operations widened to $(34.3) million, and Restaurant-Level Profit Margin compressed to 10.0% from 17.9%, reflecting higher ingredient usage, investments in protein portions, and loyalty promotions. Adjusted EBITDA turned to a loss of $(8.1) million from a small profit a year ago.
Despite these pressures, Sweetgreen reported net income of $125.8 million, versus a prior net loss, primarily due to a $160.6 million gain on disposal from the Spyce sale and related equity consideration. Management highlighted early progress on its Sweet Growth Transformation Plan and the nationwide launch of Wraps, which they said supported guest acquisition and April momentum.
For fiscal 2026, the company guides to 13 Net New Restaurant Openings (about half with its Infinite Kitchen format), Same-Store Sales Change between (4.0)% and (2.0)%, Restaurant-Level Profit Margin of 14.2% to 14.7%, and Adjusted EBITDA between $1.0 million and $6.0 million.
Sweetgreen, Inc. reported fourth quarter and full-year 2025 results showing weaker sales trends and widening losses. In Q4 2025, revenue fell 3.5% to $155.2 million, Same-Store Sales declined 11.5%, and net loss increased to $49.7 million, versus $29.0 million a year earlier.
For full-year 2025, revenue inched up 0.4% to $679.5 million, but net loss deepened to $134.1 million from $90.4 million, and Restaurant-Level Profit Margin compressed to 15.2% from 19.6%. Operating cash flow swung to a $12.7 million outflow, while cash and equivalents dropped to $93.3 million from $217.4 million.
The company opened 35 net new restaurants in 2025 and increased Total Digital Revenue Percentage to 61.8%. Management launched a “Sweet Growth Transformation Plan” focused on operational excellence, menu innovation, and disciplined investment, and is testing wraps with potential broader rollout in mid-2026.
After year-end, Sweetgreen sold Spyce to Wonder for total consideration of $186.4 million, including $100 million in cash and Series C preferred stock valued at $86.4 million, while retaining access to Infinite Kitchen technology. For fiscal 2026, it guides to Same-Store Sales Change between (4.0)% and (2.0)%, Restaurant-Level Profit Margin of 14.2%–14.7%, Adjusted EBITDA of $1.0–$6.0 million, and about 15 net new openings, with roughly half featuring Infinite Kitchen.
Sweetgreen, Inc. completed the previously announced sale of its Spyce kitchen automation business, including the “Infinite Kitchen” technology, to Wonder Group on December 29, 2025. Sweetgreen received $100.0 million in cash and shares of Wonder Series C preferred stock with an implied value of $86.4 million, based on Wonder’s most recent preferred equity financing.
As part of the deal, Wonder will supply Infinite Kitchen units and related services to Sweetgreen under a long-term supply and services agreement. Sweetgreen also obtained a perpetual, irrevocable, royalty-free license to use the Spyce technology in its own facilities, and a royalty-bearing license may apply if certain trigger events occur, such as an uncured material breach by Wonder under the supply agreement. Sweetgreen filed unaudited pro forma financial information showing how the transaction would have affected its results for recent periods.
Sweetgreen, Inc. (SG) furnished an 8-K announcing it issued a press release with financial results for the fiscal quarter ended September 28, 2025. The press release is provided as Exhibit 99.1 and incorporated by reference. The information under Item 2.02, including Exhibit 99.1, is furnished and not deemed “filed” under Section 18 of the Exchange Act, nor incorporated into Securities Act or Exchange Act filings by general reference.
Sweetgreen, Inc. reported that CFO Mitch Reback will retire effective September 21, 2025, and that Jamie McConnell will become CFO on September 22, 2025. Ms. McConnell, age 46, joins from Chipotle where she most recently served as Chief Accounting and Administrative Officer and previously was Vice President and Controller. Her employment agreement provides a $550,000 base salary, an annual discretionary bonus with a 75% target of base salary, and anticipated new-hire equity of an option to purchase 300,000 shares and 150,000 restricted stock units vesting over four years. Mr. Reback will provide up to 35 hours per month of consulting services for six months post-retirement for $7,500 per month; his unvested equity will continue to vest during consulting and may be accelerated to fully vest on March 21, 2026 if the agreement is not earlier terminated. The filing notes standard indemnification and that full agreements will be filed later.